Our experienced Estate Planning and Trusts attorneys at the Dobson Law Group provide a broad range of comprehensive estate planning strategies including the establishment of a trust or trusts. We provide Estate Planning and Trust planning and implementation legal services to individuals, families, business, and estates in Greenville and throughout South Carolina. We assist our clients in the establishment of a trust most appropriate to your individual circumstances and financial objectives such as asset protection, minimizing tax liability, probate avoidance, protection from creditors, Medicaid eligibility and business succession.
What is a ‘Trust’
A trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary. Trusts can be arranged in various ways to specify how and when assets pass to the beneficiaries and are established to provide legal protection for the trustor’s assets, to ensure those assets are distributed according to the wishes of the trustor, and to save time, reduce court fees and paperwork and, in some cases, avoid probate, and reduce inheritance or estate taxes.
Types of Trusts
Our trust attorney can assist you the recommendation, design, and implementation of a suitable trust including:
- Revocable trust
- Irrevocable trust
- Irrevocable life insurance trust (ILIT)
- Education Trust
- Special needs trust
- Spendthrift trust
- Real estate trust
- Testamentary trust
- Charitable lead trust
- Charitable remainder trust
- Marital trust
- Bypass trust, credit shelter trust
- Generation-skipping trust
- Qualified Terminable Interest Property (QTIP) trust
- Grantor Retained Annuity Trust (GRAT)
Our trust attorney works with financial planners, accountants and other professionals when designing and implementing trusts for our clients.
We recognize the importance of all estate planning elements working together and our Trust attorney works with financial planners, CPA’s and other professionals our clients may utilize as part of their financial, tax and estate strategy. Additionally, we review existing strategies already implemented such as wills, healthcare directives, power of attorney and business succession plan to ensure a trust is complementary to the overall estate plan.
Consult a South Carolina Trust Attorney in Greenville.
If you or a family member have questions about Estate Planning, Tax planning, types of Trusts, and Trust creation, we can help. We encourage you to contact an experienced Estate Planning and Trust lawyer at the Dobson Law Group to discuss your options and requirements at (864)271-8171 or online to schedule an initial consultation.
The Dobson Law Group provides Estate Planning & Trust attorney legal services to clients in Greenville County and throughout South Carolina including Abbeville, Anderson, Cherokee, Greenwood, Laurens, Lexington, Newberry, Oconee, Pickens, Richland, Spartanburg, and Union County. We are licensed in South Carolina, North Carolina, Florida, and Georgia.